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Step 1: Calculate marginal utility and marginal utility per dollar for movie tickets. Quantity of Total Marginal Movie Ticket Marginal Utility Tickets Utility Utility Price
Step 1: Calculate marginal utility and marginal utility per dollar for movie tickets. Quantity of Total Marginal Movie Ticket Marginal Utility Tickets Utility Utility Price Per Dollar for Consumed Movie Tickets O 0 N/A N/A N/A 200 150 0.75 $10.00 0.075 400 275 0.625 $10.00 0.0625 600 375 0.5 $10.00 0.05 800 450 0.375 $10.00 0.0375 1,000 500 0.25 $10.00 0.025 1,200 525 0.025 $10.00 0.0025 1,400 525 0 $10.00 0
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Managing Business Ethics Making Ethical Decisions
Authors: Alfred A. Marcus, Timothy J. Hargrave
1st Edition
1506388590, 978-1506388595
